1 Yarai StreetMerimbula NSW 2548
Property Details for 1 Yarai St, Merimbula
1 Yarai St, Merimbula is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1317m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (March 2021)
Presenting one of the rarest opportunities available in Merimbula, this incredible property offers approximately 1,315m2 of level land on Merimbulas Long Point Peninsula. Situated across 3 streets (Hill, Cliff and Yarai) and currently comprising 2 dwellings, the allotment lends itself to future development.
Spectacular town, ocean and Lake Views are available from a range of vantage points around the property with the location being a highlight. Walk to Middle Beach, Bar Beach, Merimbulas Wharf or Short Point!
Adding further to the appeal of the allotment, the property is zoned R2 medium density residential and is subdividable (SCTA). Build your dream home, subdivide and sell or develop the entire lot on this prime piece of Merimbulas most sought after location.
Property History for 1 Yarai St, Merimbula, NSW 2548
- 19 Mar 2021Sold for $910,000
- 10 Mar 2021Sold
- 23 Feb 2021Listed for Sale Under Contract
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About Merimbula 2548
The size of Merimbula is approximately 18.3 square kilometres. It has 14 parks covering nearly 8.6% of total area. The population of Merimbula in 2011 was 3,277 people. By 2016 the population was 3,544 showing a population growth of 8.1% in the area during that time. The predominant age group in Merimbula is 60-69 years. Households in Merimbula are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merimbula work in a professional occupation. In 2011, 57.8% of the homes in Merimbula were owner-occupied compared with 58.3% in 2016.
Merimbula has 3,592 properties. Over the last 5 years, Houses in Merimbula have seen a 57.40% increase in median value, while Units have seen a 64.11% increase. As at 31 October 2024:
- The median value for Houses in Merimbula is $861,631 while the median value for Units is $521,351.
- Houses have a median rent of $660 while Units have a median rent of $480.
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